Diesel hits record $5.97 and may reach $6.00 soon, Dean Baker notes

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Diesel price hits record $5.97 mark

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10.09.2026

Diesel hits record $5.97 and may reach $6.00 soon, Dean Baker notes — Diesel price hits record $5.97 mark

Dean Baker reports that diesel prices have reached a new record high of $5.97 per gallon.

Baker adds that Bessent anticipates the price will hit $6.00 by the end of the week.

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Baker previously observed Tesla shares are trading 10% below their 2021 peak, which has resulted in a negative five-year return for shareholders in his recent coverage. He has also questioned the ability of tariff revenue plans to address the $2 trillion U.S. deficit, as discussed in his analysis on federal debt reduction. These topics reflect his continued reporting on U.S. markets and fiscal issues.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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